gm, Gary Gensler is an ex-Goldman Sachs investment banker in an appointed-not-elected position, this guy isn't your friend just because he's making shitcoiners miserable.
better to let all these bad ideas fail on their own (lack of) merits instead of cheering that they're being regulated out of existence
Here here!
Funny... I was thinking this exact thing moments ago. The tension for me is the scams will recirculate forever, so regulation is tempting. But what it's really does is just put all the scam gains in the hands the regulator chooses.
Free markets can be brutal. But there is no other way.
At least he understands the tech. I rather have him as regulator than an illiterate.
STRONG thoughts... seriously, bravo.
